It is regulation, the corrupt part is called regulatory capture. But this is what happens, incumbents like regulation, because it raises the cost of entry for new opperators.
The other this you don't see in Switzerland is tipping at a guess also. sigh.
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It is regulation, the corrupt part is called regulatory capture. But this is what happens, incumbents like regulation, because it raises the cost of entry for new opperators.
The other this you don't see in Switzerland is tipping at a guess also. sigh.